TORRANCE, Calif., July 21, 2005 (PRIMEZONE) -- Trimfast Group Inc.'s (Pink Sheets:TFTG) wholly owned subsidiary Sur Services, Inc. is pleased to announce the senate has passed a critical bill creating the Dominican Republic-Central American Free Trade Agreement (DR-CAFTA). This bill gives the Bush administration important leverage for negotiations with China.
On Thursday July 14, 2005, prior to the passing of the bill, Microsoft Corporations CEO and five other technology executives urged Congress to approve a pending trade agreement with Central America to give the Bush administration important leverage for negotiations with China. Microsoft Corporation (MSFT) CEO, Steve Ballmer stated of the U.S. Administration, "They need to have the weight of CAFTA approval behind them to be maximally effective, to show they can negotiate."
Dale Fuller, Chief Executive of Borland Software Corporation (BORL) which makes tools for software designers provided a similar response to Steve Ballmer. Dale Fuller stated, "CAFTA is being closely watched by the rest of the world." Mr. Fuller further stated, "How it passes, or how it doesn't, is going to be really crucial to how we're going to be able to react and survive in the marketplace. This is going to enable how we're going to negotiate with China in July."
Jeffrey A. Ullman, President of TFTG stated, "We agree with Mr. Ballmer and are pleased the Senate has voted to pass the Dominican Republic-Central American Free Trade Agreement (DR-CAFTA). This is perfect timing for our company. We have developed telecommunication software for cross continental remote connection's at significantly reduced cost to allow for network's and individual's to gain connectivity anywhere in the world. This agreement will give U.S technologies companies such as ours, the opportunity to expand within our hemisphere and further strengthen the U.S. economy. DR-CAFTA will also allow the U.S. the opportunity to gain worldwide protection of intellectual property rights. Everyday we hear that U.S. jobs are being sent off-shore to manufacturing and service providers in India and Asia. The DR-CAFTA vote provides for opportunities in the America's, a clear path for the neighbors in our hemisphere and the U.S. to trade goods and services. Under the trade agreement, the America's also reach a unified front to bring other hemispheres on to a level playing field globally." Mr. Ullman further stated, "With the convergence of technologies, we are experiencing new opportunities that demand all countries respect the rule of law everywhere in the world to ensure economic growth within our regions. Borders have become the seams to economic growth within our countries, regions and worldwide."
About Trimfast Group, Inc.:
Trimfast Group is an emerging company actively looking for additional mergers or acquisitions. These mergers or acquisitions will be targeted towards private companies with a significant ability for growth. Recently Trimfast Group, Inc. acquired Sur Services, Inc. as a wholly owned subsidiary. Sur Services is a full service supplier of Pre-Paid, Re-loadable Stored Value ATM and MasterCard cards with Value Added products such as Roadside Assistance, Pre-Paid Legal, and Long Distance phone card services. Sur Services, Inc. cards also allow users to share access to their accounts from multiple locations, both nationally and internationally.
For additional information about Trimfast Group Inc., please contact Investor Relations at (973) 351-3868 or visit the company website at http://www.trimfastgroup.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.